MicroIslet, Inc. (AMEX:MII) announced that it filed its Quarterly Report on Form 10-QSB for the quarter ended June 30, 2006 with the Securities and Exchange Commission today. The Company reported a net loss of $5.9 million for the first half of 2006 compared to a net loss of $3.9 million in the first half of 2005. Grant revenue was $154,000 and $295,000 for the three and six months ended June 30, 2006, respectively, and consisted entirely of research grants. No grant revenue was recognized for the first half of 2005.
